Xinjiang Xinxin Mining Reports Strong Interim Results with Net Profit Soaring 248%

Stock News
08/21

XINXIN MINING (03833) has announced its interim results for the six months ended June 30, 2026, revealing a substantial surge in profitability.

The group recorded revenue of approximately RMB 1.266 billion, representing a year-on-year increase of 13.22%. Net profit reached RMB 245 million, up 261.06% compared to the same period last year. Notably, net profit attributable to shareholders of the parent company stood at RMB 249 million, reflecting a remarkable growth of 248.13% year-on-year. Basic earnings per share were RMB 0.113.

During the reporting period, the group produced approximately 5,590 tonnes of electrolytic nickel, a decrease of about 7.3% from the 6,030 tonnes produced in the corresponding period of the previous year. Meanwhile, cathode copper production increased significantly to 4,708 tonnes, up 23.4% from 3,815 tonnes a year earlier.

In terms of sales, the group sold around 5,446 tonnes of electrolytic nickel during the period, down approximately 4.0% from 5,672 tonnes in the prior year. Cathode copper sales totaled 4,298 tonnes, a decrease of about 5.7% compared to 4,559 tonnes sold in the same period last year.

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